Debt Free Journey

Helping you make sense of your money

40 Year Mortgage A New Option For A New Era

The 40 year mortgage makes monthly home payments more affordable, especially in areas where the real estate prices have skyrocketed.  It is an attractive tool for homeowners who might otherwise be priced out of the housing market entirely. In order to understand the...

A Refinance Mortgage Loan Can Make Sense For You

Are you looking for a way to finance your kids’ college educations? Do you dream of taking the vacation of a lifetime? Would you like to purchase a new vehicle and perhaps be able to deduct the interest from your federal taxes? Would you like cash for home...

Hot Mortgage Terms You Need To Know

Are you considering purchasing a new home? If you are, you should know that this may very well be a very good time to buy a house. The housing market is sluggish, which means that prices tend to be lower and so do interest rates. Also, there are more houses from which...

What Is A Jumbo Mortgage

A jumbo mortgage is, as its name implies, a really big mortgage. To be more specific, a jumbo mortgage is one in which the amount being financed is more than the top amount set by the Government Sponsored Enterprises, or GSE.  The GSE is a group of financial companies...